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Temu, Trump and SHEIN
Trump's de minimis cancellation is bad news for Temu, but worse for Shein
The Trump administration move to stop low-cost imports entering the U.S. tariff-free is likely to hit fast fashion retailer Shein harder than online dollar-store Temu, thanks to Temu's wider product range and moves to change its shipping strategy.
Trump closed a China loophole. Shein and Temu were already prepared.
Shein and Temu shifted more of their orders to be fulfilled in the US ahead of de minimis changes.
Shein and Temu depend on a 100-year-old tariff loophole that Trump wants to close
President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.
1d
on MSN
Fast fashion from Shein, Temu could get more expensive and take longer to ship. Here's why.
Ultra-cheap clothing from China could get more expensive under President Trump's new tariffs, and help Amazon edge out ...
4h
on MSN
What Closing the De Minimis Tariff Loophole for US Imports from China Means
A Latin term that’s been little-known outside the world of customs brokers has suddenly become the stuff of headlines. Along ...
2d
Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
Oil prices eased on Thursday after U.S. President Donald Trump repeated a pledge to raise U.S. oil production, unnerving ...
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